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Actualités Forex
CAC-40 Hovers Near Record High
The CAC-40 traded close to the high of 7552 amidst the positive sentiment triggered by China's GDP surprise that lifted luxury shares.
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Sensex, Nifty End Lower For 2nd Straight Day
Despite opening on a positive note, Indian shares ended lower on Tuesday, losing ground for a second straight session, as concerns about global growth and interest rate outlook rendered the mood a bit bearish once again.
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DAX Rallies Amidst Strong Earnings, Growth
The DAX benchmark of the Frankfurt bourse moved higher on Tuesday amidst upbeat earnings updates that added to the positive sentiment generated by strong growth numbers from China.
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Elon Musk Plans To Launch TruthGPT To Rival ChatGPT, Google
Elon Musk, the founder and CEO of Tesla and SpaceX, as well as the CEO of Twitter, said he is planning to launch his own artificial intelligence or AI venture TruthGPT. In an interview with Fox News, the billionaire also said Twitter was working on a feature that would allow users to optionally encrypt their direct messages, which will be launched no later than next month.
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Asian Stocks Mixed Despite China's Positive GDP Surprise
Asian markets moved mixed on Tuesday despite China's GDP data surprising with a more than expected growth in the first quarter.
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Pound Rises On Strong U.K. Wage Data
The British pound strengthened against other major currencies in the European session on Tuesday, after the release of solid U.K. wage report from three months to February.
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Pound Advances Amid Better-than-expected U.K. Wage Growth
The British pound appreciated against other major currencies in the early European session on Tuesday, as the nation's wage growth beat expectations in the three months to February, raising hopes for a 25 basis point hike from the Bank of England next month.
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more news
Ericsson Q1 Profit Down, Sees Lower End Of FY24 EBITA View; Stock Dips
Shares of LM Ericsson were losing around 6 percent in the morning trading in Sweden as well as around 4 percent in pre-market activity on Nasdaq after the telecom major reported Tuesday weak profit in its first quarter amid flat organic sales, while total sales increased in double-digit rates. Ericsson added that it is on track to reach the lower end of the long term EBITA target range...
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China Economy Rebounds In Q1 On Strong Spending
China's economy rebounded at a faster than expected pace in the first quarter on robust consumption and industrial production, thanks to the lifting of zero-Covid policy. Gross domestic product grew 4.5 percent on a yearly basis in the first quarter, stronger than the 2.9 percent expansion registered in the fourth quarter of 2022, the National Bureau of Statistics said. The rate was expected to
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Pound Rises Against Majors
The British pound strengthened against other major currencies in the early European session on Tuesday.
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Australian Dollar Rises On Upbeat China Q1 GDP Data
The Australian dollar strengthened against other major currencies in the Asian session on Tuesday, as China's economy grew more than expected on year in the first quarter of 2023.
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Indian Shares Turning In Mixed Performance In Cautious Trade
Indian shares are turning in a mixed performance Tuesday morning with investors looking for further earning updates and economic from domestic as well as global front, for further direction.
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European Benchmarks Expected To Open Higher
Markets in Europe are expected to open higher on Tuesday amidst positive sentiment generated by China's GDP surprise. Lingering concerns over inflation, interest rates as well as growth, and the health of the corporate sector as indicated by the earnings updates are expected to drive sentiment as trading progresses.
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